Page 73 - 735 May Trail, Lowry Crossing, TX
P. 73

735 May Trl, Mckinney, TX 75069


     Recommended Pricing Strategy


     This chart compares the high, low and median price of homes in various listing statuses in the subject property's ZIP code to help determine the asking price for
     the subject property. The prices of the User Selected Comps are sold prices where available.
                              Market Activity  Market Activity  Market Activity  Market Activity  Market Activity
                             Active Listings  Distressed  Expired Listings  Pending Sales       Sold   User Selected Comps
     Lowest Price                $169,000      $108,000        $128,000        $85,000      $123,500            $423,500
     Median Price                $299,394      $184,395        $352,450       $317,250      $333,656            $445,000
     Highest Price               $450,000      $292,180        $472,900       $739,900     $1,395,000           $450,000
     Median Price Per Sq. Ft.       $136           $135           $138           $137          $163                $151

     Median Days in RPR                4             –             166             31           61.5                 42



     Sold Price Comparison
     This section compares prices for properties in the subject property's ZIP code with a similar number of beds and baths, sold within the past 90 days.
                              Sold Price        Price Per Sq. Ft.
     Lowest Price              $410,000                 $115
     Median Price              $799,900                 $160
     High Price              $1,090,000                 $208




     Details of Comparative Analysis                            Details of Refined Value Analysis

     Average of Comps                            $478,472       Original Estimated Value                    $400,000


     Adjustments                                          –     Changes Based on Home Facts                          –


                                                 $478,472       Home Improvement Adjustments                 $60,062
     Adjusted Value
                                      Range: $377,389 – $571,247
                                              (or $150 per sq. ft.)
                                                                Needed Improvement Adjustments                -$1,200


                                                                Market Condition Adjustments                 $72,364


                                                                                                            $531,226
                                                                Estimate + Adjustments
                                                                                                         (or $167 per sq. ft.)








     Sellers                                                    Broker / Agent


                   Signature                     Date                         Signature                     Date


                   Signature                     Date


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                                              Information is not guaranteed. Equal Housing Opportunity.        7/25/2017
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